Delegat lifts first-half profit 5% on record wine sales

Delegat Group, New Zealand’s largest listed wine company, boosted first-half operating profit 5 percent as wine sales rose to a record. Profit excluding one-time movements in the value of its assets rose to $21.5 million in the six months ended Dec. 31, from $20.5 million in the year earlier period, the Auckland-based company said in a statement.